HEXAWARE

Hexaware moved up from the reverse support. Can give a good upmove.

CMP    : 202
Target : 240, 275
SL       : 190

HEROMOTOCORP

Heromotocorp reacted from reverse support on Monthly Chart. It can give a good bounce from this level. 

CMP: 3359
Target: 3700
SL: 3250

ASIAN PAINTS

Asian Paints is at reversal support. There is a good chance of upward movement in this counter.

CMP: 1037
Target: 1200
SL: 1010

NIFTY

Nifty is reaching reverse support on Monthly chart. This shows that the stocks discussed earlier can move up faster when Nifty takes this support and moves up.

INFOSYS

Infosys is at reverse support and 50 EMA on Monthly charts. Probability of upside is more.

CMP: 971
Target: 1050, 1250
SL: 960

Ambuja Cement

Ambuja Cement demonstrating a spinning top at 50 EMA ans at reverse support on weekly charts indicating a probable upward movement.

CMP    : 241
Target : 255
SL       : 235

ACC

ACC is at reverse support on weekly chart. One can start accumulating the stock.

CMP    : 1490
Target : 1650
SL       : 1475

BPCL

BPCL is giving an opportunity to Buy. Doji appearing at reverse support signifying there is a good chance of upside

CMP    : 643
Target : 680
SL       : 631

BEML

Scrip: BEML

CMP: 882

BEML has fallen significantly in the last few days and has made a spinning top formation (indecision) at previous support on daily chart. Also, previous resistance may act as support now and there is a high possibility of stock moving up.

Disclaimer:
All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.

TCS

CMP: 2305
Target: 2550
SL: 2315

TCS is providing a good opportunity to sell. Stock is at trend line resistance and reverse resistance.

 

  

Disclaimer:

This study is only meant for educational purpose.

All information given here is purely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users of this information are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incur by trading/investing on our recommendations.